Units in adjustment and expansion in biogas the pig plan in Greece

Published 2021년 5월 22일

Tridge summary

Greek pig farms have been struggling due to the pandemic and the spread of swine fever in Germany, leading to a decrease in pork production and market congestion in Europe. This has resulted in historically low pork prices in the first months of 2021. However, as the market begins to decongest and global demand exceeds supply, there is optimism for the pork industry. Biogas investments and plans for reinvestment and renewal of units are being developed in Greece. Spain's pork industry has been successful despite the European sluggishness, with good contracts and spatial distance from the plague front. The president of the New Federation of Greek Pig Associations remains hopeful for the market, citing high international pork prices and future contracts, and anticipates the opening of European restaurants to provide the first real impetus to the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

If there was one thing that could have kept the Greek pig farms profitable in the last year, it was the biogas investments made by several pig farmers. However, the aim is, as industry executives in Agrenda explain, that farms be viable from the core of their business, which is nothing more than the production of pork. The closed focus of all these Psines, both in Greece and in other European countries, due to the outbreak of the coronavirus pandemic, significantly reduced the turnover of the sector. In this unfavorable climate, the spread of swine fever in Germany was added. Specifically, while initially this zoonosis was a catalyst for positive developments for the Greek market, when the first strikes in Germany occurred, the balances changed. The reason is that the Chinese market has closed its door to large German production, which had no choice but to enter the complex, creating congestion in the European pork market. The price of pork was found during the first months of ...
Source: GRAgronews

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